Upgrades
- Sunstone Hotel (SHO) upgraded by Wolfe Research from Peer Perform to Outperform
- PennyMac Mortgage (PMT) upgraded by Keefe Bruyette from Market Perform to Outperform
- Onity Group (ONIT) upgraded by Keefe Bruyette from Market Perform to Outperform
- Canadian National (CNI) upgraded by Scotiabank from Sector Perform to Outperform
- Canadian Pacific (CP) upgraded by Scotiabank from Sector Perform to Outperform
- IAG (ICAGY) double-upgraded by Morgan Stanley from Underweight to Overweight
- Paymentus (PAY) upgraded by Baird from Neutral to Outperform
- Brighthouse Financial (BHF) upgraded by Jefferies from Hold to Buy
- Agilent (A) upgraded by Citi from Neutral to Buy
- Quest Diagnostics (DGX) upgraded from Neutral to Buy by Citi
- Carvana (CVNA) upgraded by Needham from Hold to Buy
Downgrades
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- Lennox (LII) downgraded by Wells Fargo from Overweight to Equal Weight
- Lufthansa (DLAKY) downgraded by Morgan Stanley from Equal Weight to Underweight
- LegalZoom (LZ) downgraded by JMP Securities from Outperform to Market Perform
- Spirit AeroSystems (SPR) downgraded by Wolfe Research from Outperform to Peer Perform
- Hudson Pacific (HPP) downgraded by Morgan Stanley from Equal Weight to Underweight
- Aaron’s (AAN) downgraded by Jefferies from Buy to Hold
- Warner Music (WMG) downgraded by Redburn Atlantic from Neutral to Sell
- Spotify (SPOT) downgraded by Redburn Atlantic from Neutral to Sell
- Supermicro (SMCI) downgraded by Nomura from Buy to Neutral
- Visa (V) downgraded by BofA from Buy to Neutral
- MasterCard (MA) downgraded by BofA from Buy to Neutral
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